EOS is very interesting but in the end it is semi-centralized. For example, these giant data centers that are needed will be well known public entities and if a government wants them to do something they would have no choice but to do it or be shut down. If they do proceed with something not sanctioned they might lose their job... Is anyone willing to have all this investment and then be at risk of being shutdown at a moments notice. I think being offline would be very costly for a data center who has bills to pay.... It could possibly bankrupt the company running it. Also, lets not forget that this is run by a company with a CEO and a CTO. What happens when someone builds a casino or gambling app on EOS which is illegal in many countries?
If these issues are not really issues then EOS will be a game changer. For now ETH still has strong fundamentals and even though spec wise it looks terrible compared to EOS what Ethereum is trying to build is much harder but will be much better in the end if they can solve it.
My bet is ETH and BTC will remain close in market cap.
Even EOS is gonna raise its fund via Ethereum platform. It is an ICO. And in my personal opinion, Ethereum's blockchain EVM can't be easily replaced by these newbies.
EOS is very interesting but in the end it is semi-centralized. For example, these giant data centers that are needed will be well known public entities and if a government wants them to do something they would have no choice but to do it or be shut down. If they do proceed with something not sanctioned they might lose their job... Is anyone willing to have all this investment and then be at risk of being shutdown at a moments notice. I think being offline would be very costly for a data center who has bills to pay.... It could possibly bankrupt the company running it. Also, lets not forget that this is run by a company with a CEO and a CTO. What happens when someone builds a casino or gambling app on EOS which is illegal in many countries?
If these issues are not really issues then EOS will be a game changer. For now ETH still has strong fundamentals and even though spec wise it looks terrible compared to EOS what Ethereum is trying to build is much harder but will be much better in the end if they can solve it.
My bet is ETH and BTC will remain close in market cap.
Even EOS is gonna raise its fund via Ethereum platform. It is an ICO. And in my personal opinion, Ethereum's blockchain EVM can't be easily replaced by these newbies.